Posted by TC on .
The participation of women in the U.S. labor force has risen dramatically since 1970. a. How do you think this rise affected GDP? b. Now imagine a measure of well-being that includes time spent working in the home and taking leisure. How would the change in this measure of well-being compare to the change in GDP?
c. Can you think of other aspects of well-being that are associated with the rise in women’s labor-force participation? Would it be practical to construct a measure of well-being that includes these aspects?
We'll be glad to comment on your answers.
drop in output
The rise will likely increase the GDP.
The change in this measure of well-being would beless than Correct the change in GDP.
a. the GDP will increased because better labor is accessible , gender bias removed.
b.well being rises with GDP, think of bettr life they would be having and also. the jobs of some household duties they have created for other women.
c. raising a familly and childcare is an issue.